Author Archives: Editor
Buffalo Hedge Fund Managers Agrees to Settle Charges
New York (HedgeCo.Net) – The Securities and Exchange Commission has filed fraud charges against a Buffalo, N.Y.-based investment advisory firm and two co-owners accused of making false and misleading statements to clients when recommending investments in a risky hedge fund. […]
Former Kingdon executive Philip Hilal to launch hedge fund
Reuters – A former executive from Kingdon Capital plans to launch a hedge fund in the first half of 2015, marking the latest in a string of spinouts from prominent industry firms. Philip Hilal is setting up Clearfield Capital Management, […]
Ex-UBS executive directors to launch hedge fund in January
Economic Times – Two former UBS Group AG bankers are preparing to start a global cross-asset, long-biased hedge fund in January to bet on out-of-favour companies and events such as mergers and acquisitions and spin-offs. Laurent Constanty and Fabien Baetz, […]
This Hedge Fund’s Machines Are Making the Right Calls on Oil
Bloomberg – Hedge funds that rely on computer programs to trade are producing some of the highest returns in the industry after a particularly profitable November. Two Sigma, a $24 billion firm run by a former artificial intelligence academic and […]
How a $600 Million Hedge Fund Disappeared
WSJ – In the run-up to the financial crisis a hedge fund took in hundreds of millions of dollars from wealthy investors. Now the money is gone—and the man who ran it has disappeared from their sights. In September 2008, […]
Palmer Square Capital Management Launches Long/Short Credit Fund
New York (HedgeCo.Net) – Palmer Square Capital Management, a credit and alternatives investment manager specializing in structured credit, corporate credit and hedge fund strategies such as long/short credit, today announced that the firm has launched its sixth mutual fund, the […]
AOI Hedge Fund Principles/Guidlines
New York (HedgeCo.Net) – The Alignment of Investments Association (AOI) on Tuesday released the latest version of its hedge fund best practices guidelines. While it’s unclear whether all of these proposed measures will take hold in the industry, one this […]
Convicted Hedge Fund Managers Cleared Of Wrongdoing
New York (HedgeCo.Net) – A New York judge has thrown out the conviction against hedge fund managers Anthony Chiasson, co-founder of hedge fund Level Global Investors, and Todd Newman, a former portfolio manager at hedge fund Diamondback Capital Management. “Because the Government failed to present sufficient […]
Meet Uber’s hedge-fund-like, Bermuda-based insurer
Fortune – James River Group, Uber’s insurer, paid a tax rate of just 12.6% last year. It invests in bank loans rated below junk. And it’s about to issue an IPO. Critics of Airbnb, Uber, and other companies in the […]
Investors raise hedge fund bets in December
Reuters – Investors’ interest in hedge funds rose in December as they added more cash than they pulled out, though the net flows were lower than last month, data showed on Wednesday. The SS&C GlobeOp Capital Movement Index, which calculates […]
Colgate University: Cradle Of Hedge Fund Traders
DealBreaker – The folks over at SumZero have crunched the numbers on their 11,000 members to find out just where you should send your kids if you want them to follow your footsteps into the buy-side at a hedge fund, […]
UCITS HFS Index continues erratic performance, up 0.81% in November 2014
New York (HedgeCo.Net) – After having reported a minor loss of -0.29% in October, the UCITS HFS Index picked up its performance again in November and reports gains of 0.81%. The broad index started off negatively with a loss of […]